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Six Companies To Compete For Philly Casino

Casino Mogul Steve Wynn In the Mix And A Favorite

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Steve Wynn. Getty Images

The Pennsylvania Gaming Control Board announced on Friday that six gaming firms have submitted proposals to build a casino within Philadelphia, Pennsylvania.

The casino would be allowed to have up to 5,000 slot machines and 250 table games.

One of the key players in the raffle is boss of Las Vegas-based Wynn Resorts. Steve Wynn, 70, has been building casinos for decades. Despite failing eyesight, Wynn has been looking at properties all over the world. A joint in Philadelphia on the agenda.

Wynn told The Inquirer that such a project is “delicious.”

Wynn reportedly is a favorite over his competitors.

Philadelphia already has one licensed gambling joint, the SugarHouse Casino on the Delaware River. However, Parx Casino and Harrah’s Chester Casino sit just outside the city. The are currently 11 full-scale casinos in the state.

Wynn’s proposal is for less than 0.5 miles down the road from the SugarHouse. The plans marks his second attempt at a gambling business in the city. A deal with local investors failed in 2011.

According to The Inquirer, it could take officials a year to make a choice.

Below are the six contestants:

Tower Entertainment, LLC (The Provence) at 400 North Broad Street

Market East Associates (Casino Philadelphia)at 8th and Market Street

Wynn PA, Inc. (Wynn Philadelphia) at 2001 Beach Street

Note: Wynn is also eying a piece of land 0.5 miles down the road.

PHL Local Gaming, LLC (Casino Revolution) at 3333 South Front Street

PA Gaming Ventures, LLC (Hollywood Casino Philadelphia) at 700 Packer Avenue

Stadium Casino, LLC (Live! Hotel and Casino) at 900 Packer Avenue

Photos via Google Maps.

 
 
 
 

Comments

idun215
almost 9 years ago

as a philly resident i can only imagine the traffic that this would cause.

 
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